So the essay contest for the home in Yachats, OR was too much for you? You didn’t want to Win this home because you had to write a 250 word essay? Have no fear…there is now a home that you can win here in Salem, OR that just requires you to complete a sentence. Yep…just…
In July of this year, the CCB started to require that builders offer a one year warranty on all new construction homes. The details of the policy change are available at the CCB website. There are still several options for new construction homes for buyers in the Salem area. Just know that now you should…
I was recently reading a good post by Kris Berg. Kris has been a real estate agent for a long time with Prudential in California. She and her husband recently left to start their own brokerage. Large real estate brokerages are powerhouses in the market, including here in Salem Oregon. As training grounds for new…
Many parts of the country have been grappling with difficult times. The Salem market has problems, and in case you didn’t hear, Pacific Lifestyle Homes declared bankruptcy. Salem has one subdivision started with this builder. It is the Chandler Estates subdivision out west. View Larger Map The subdivision is only partially finished, but the press…
My local MLS has lost 8% of it’s membership since the start of the year, and I would expect that number to continue to decline over the next year. Foreclosures…short sales…buy and bail…DAP’s gone…pick something and it is making being a real estate agent harder these days. I am having a good year this year,…
With the financial markets still under stress, two major forces in the world of real estate announced layoffs. Redfin, a Seattle based real estate company, is cutting 20% of its work force, and Zillow announced today that they were cutting 25% of its workforce. Just yesterday, I had looked to see how our local brokerages…
Dear Mr. Contractor, I wanted to thank you for doing the repair work on the home that my buyers are purchasing here in Salem, OR. They are very excited about this house. I just wanted to make sure that you understood that in real estate transactions, the deal is between the buyer and the seller…
On Wednesday in Portland a house slid down a hill about 300 feet, crashing into the house below it. Oregon has landslides every year due to our clay soil and rain. In this case, we haven’t had a lot of rain lately, but they think a broken sprinkler line or sewer pipe may be the…
Here is where our local markets currently stand. The real estate market data information has been gathered from the local WVMLS. Here is what is occurring in the city of Independence… Average Sales price: Independence had a 12.7% drop in the average price of a home from the same time frame last year. Last year’s…
Here is where our local markets currently stand. The real estate market data information has been gathered from the local WVMLS. Here is what is occurring in the city of Monmouth… Average Sales price: Monmouth had a 5.5% drop in the average price of a home from the same time frame last year. Last year’s…